CostByCity

Fairbanks, AK vs Roanoke, VA

Cost of Living Comparison

Roanoke, VA is more affordable by 9.6 index points

Side-by-Side Comparison

CategoryFairbanks, AKRoanoke, VADifference
Overall103.293.6+9.6
Housing92.678.5+14.0
Goods107.396.8+10.6
Utilities119.888.9+30.9
Other Services103.398.6+4.7

Income & Housing Comparison

MetricFairbanks, AKRoanoke, VA
Median Household Income$81,655$65,687
Median Home Value$276,800$221,100
Median Monthly Rent$1,360$949
Per Capita Income$42,744$38,097

Frequently Asked Questions

Is Fairbanks, AK or Roanoke, VA cheaper to live in?
Roanoke, VA is more affordable. The cost of living difference is 9.6 index points (Fairbanks, AK: 103.2, Roanoke, VA: 93.6).
Where is housing cheaper, Fairbanks, AK or Roanoke, VA?
Housing is more affordable in Roanoke, VA. Housing index: Fairbanks, AK (92.6) vs Roanoke, VA (78.5).